Board of Directors.
He also worked for Chupa Chups SA, a leading candy company in Spain. How did Stern come to be qualified as a connoisseur of leadership in a book written with enough alacrity to consume on a train journey or a short flight? "As much as the departure of Ms. Nooyi is a loss for PepsiCo, she leaves behind a strong team and a clear vision.
Ramon L Laguarta is Chairman/CEO at Pepsico Inc. See Ramon L Laguarta's compensation, career history, education, & memberships. Nooyi's spell leading PepsiCo has been particularly strong, with net revenue growth rising from $35bn in 2006 to $63.5bn last year under year watch. Nooyi joined PepsiCo in 1994 as senior vice president of strategic planning and held a variety of leadership roles leading up to her appointment as chairman and CEO in 2006. Nooyi is one of the leaders profiled in How To Be Better Leader along with others such as Merck’s Ken Frazier, Amazon’s Jeff Bezos and General Motors’ Mary Barra. All across the business, from our frontline associates to our senior executives, PepsiCo is home to the very best talent in the industry. Laguarta will become the sixth CEO in PepsiCo’s 53-year history on October 3, 2018; at that time he will also join the Company’s Board of Directors.
Was he any good? If nothing changes, you’re not really changing anything. Speaking of the appointments, Nooyi said: “PepsiCo has consistently delivered top-tier financial performance while simultaneously making investments that position the company for sustainable long-term growth. Short enough to read on a train journey or a short flight. Bath, BA1 2AB
Executive Officers.
Read about how we use cookies or how you may control them in our. All Rights Reserved, This is a BETA experience. “Indra Nooyi had to get her business to understand that the world was changing in its attitude to health and nutrition,” says author Stefan Stern of the former PepsiCo CEO.
PepsiCo's Leadership Handoff to Laguarta Unlikely to Make Waves. Latest insights, case studies and news from agencies, tech vendors, freelancers and other organisations. Ramon Laguarta. Now, amid a shift towards healthier lifestyles and changing consumer habits, Laguarta will have to strike the balance between the development and marketing healthier alternatives versus pumping spend into Pepsi's flagship products. View Ramon Laguarta’s profile on LinkedIn, the world's largest professional community. But as the neo-liberal policies of the 1980s saw industry decimated and unions sidelined, stories about these sectors fell way down the agenda. Read about how we use cookies or how you may control them in our updated privacy policy and cookie policy.
Since 2017 he has been global president of … When Nooyi stepped down from PepsiCo in 2018, the obesity crisis had made her vision so much on the right side of history that all food and beverage companies have had to rethink their products.
Nooyi's successor, for example, is Ramon Laguarta, a 22-year veteran of Pepsico. (PEP) - Get Report from Indra Nooyi, who has been in the role for a dozen years.
Stern belongs to a generation of journalists, such as Charles Handy and Simon Caulkin, who belonged to a niche within the industrial and economic sector, writing about leadership and management. In the UK, Laguarta will also need to navigate the impact of the 'sugar tax' (a levy on drinks makes which issues fines based on the volume of sugar-sweetened products they make or import at the rate of 18p and 24p a litre), as well as proposed changes to how TV ads for food and drink high in fat, sugar and salt are targeted towards kids.
Pepsi is a holding in Jim Cramer's Action Alerts PLUS member club.
Since September 2017, Laguarta, a 22-year-veteran of the company, has been PepsiCo president, overseeing global operations, corporate strategy, public policy and government affairs.
So, after two decades of writing about leadership and two hands-on stints, he's earned his spurs. “Newspapers and newsrooms are transactional.
Features providing insights into the marketing industries. Laguarta, a 22-year veteran of PepsiCo, has been serving as president since September 2017. All rights reserved. We are a people intelligence service for over 4,000 clients seeking to develop business or influence senior and mid-level decision makers. Commenting on her departure, she said: "Growing up in India, I never imagined I'd have the opportunity to lead such an extraordinary company.
Executive Vice President, Global Communications and President, PepsiCo Foundation. “Just pushing more sugary drinks and deep-fried snacks wasn't going to be a winning formula," adds Stern in conversation with Forbes.com following the publication of his new book How To Be Better Leader. “I was also a boss myself,” he adds. Subscribe today and be educated, entertained and empowered. Before that, Laguarta was CEO for Europe and sub-Saharan Africa, which included overseeing both mature and emerging markets, and, earlier, he was president of PepsiCo's Eastern Europe region. Trump and Biden’s Chaotic Debate, News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. His leadership experience also includes a tenure as chief executive officer for the brand's complex Europe Sub-Saharan Africa market. Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. “Making sure the organisation is learning by learning yourself and representing the organisation outside but also bringing it in.”, Way seven: developing future leaders and legacy. Come October, the Barcelona, Spain, native will start learning the language of corporate CEO and all that entails at one of the world's largest companies, as he takes the reins of PepsiCo Inc. Would you like to be interviewed by FoodBev Media or share a recent innovation with us? When the global economy stalled a year later and sales of soft drinks declined, shareholders criticised her plan.
Ramón Laguarta, the second-ranked executive replacing Indra Nooyi, has been at PepsiCo for 22 years and held a number of roles. “She set a good example with her human approach to business challenges.".
We use small files known as ‘cookies’ to enhance your experience of the FoodBev website and analyse site-traffic. “When you take over a leadership post, start searching to find your natural successor.”. Author: Michelle Lodge Publish date: Aug 6, 2018 4:33 PM EDT. Explore the latest, and greatest, creative work from around the globe.
7 Kingsmead Square Laguarta hopes the company can grow at 5% vs. 2% to 2.5%. Roberto Azevêdo. The Latest news for the marketing & media industries. Good leaders sense this. Request a Demo. Before that, Laguarta worked in a series of international roles, serving most recently as CEO of Europe Sub-Saharan Africa from 2014 to 2017.
United Kingdom South Korea’s Universal Basic Income Experiment to Boost the Economy, Election 2020: Pivotal Moments in a Turbulent Presidential Campaign, North Korea Unveils Giant New Missile at Military Parade, 'Would You Shut Up, Man?' 75% of The Drum Magazine readership are senior management or above. “We have built a strong bench of senior executives, and these leadership appointments will further enhance our efforts to create shareholder value and propel our company forward.”, Foodbev Media Ltd. Your privacy It is about everyone else and not about you.”. Basic membership is quick, free and you will be able to receive daily news updates. Ramon Laguarta is set to take the helm of PepsiCo as the maker of Lay’s potato chips and Mountain Dew continues to expand its offerings in response to rapidly shifting consumer tastes. I am an executive coach who writes about leadership. "Her successor, Ramon Laguarta is also well-versed in PepsiCo and has direct experience of areas such as corporate strategy and overseas expansion -- both of which will be vital to the firm's continued success.". More leaders would behave better if they remembered that.”, Way three: tough-minded, realistic optimism. Previously: Chief Executive Officer; Leadership Connect clients access complete profiles with contact info, career history, networks, and deep people intelligence in an easy-to-use interface.
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